Elon Musk unveiled his latest creation – Tesla Model 3 to a crowd of fans packing the company’s LA Design Studio on Thursday with a promise that the new electric car will cost $35,000, accelerate to 60 miles an hour in under six seconds and run without recharging for at least 215 miles, pursuitist.com reported.
The Model 3 is a four-door compact sedan that can seat up to “five adults comfortably, and the word comfortably is the key,” Musk said.
Also enhancing the feeling of spaciousness is a standard full-length glass roof that has the effect of opening the interior to the outside.
Five-star crash rated, the Tesla Model 3 comes equipped with Tesla Autopilot standard. Musk promised that even a base car would be very well equipped.
“You can’t buy a better car for $35,000 or even close even if you get no options,” he promised. The average price paid in the US for a new car in 2017 was $34,428.
When asked when the new model will be available in dealerships, Musk said that he was sure that would happen before the year is out.
READ MORE: Elon Musk: Tesla Cars to Self-Drive Across Country in 2 Years
The current Tesla car line (Roadster, Model S, Model X) ranges in price from $68,000 – $138,800 before tax incentives for electric cars.
Tesla has been dogged by delay and delivery issues in the past.